PART XII
AMENDMENT TO THEFINANCEACT, 2010
Amendment of Act 14 of 2010
232. In the Finance Act, 2010,-
(i) in Chapter VII or in any other law for the time being in force, for the words “Clean Energy Cess”, wherever they occur, the words “Clean Environment Cess” shall be substituted;
(ii) in the Tenth Schedule, for the entry in column (4) occurring against all the headings, the entry “Rs.400 per tonne” shall be substituted.
Notes on Clauses:
Clause 232 of the Bill seeks to substitute the words “Clean Energy Cess” with “Clean Environment Cess” occurring in Chapter VII of the Finance Act, 2010 or in any other law.
It further seeks to amend the Tenth Schedule to the Finance Act, 2010, so as to increase the rate of Clean Energy Cess on coal, lignite and peat from ₹ 300 per tonne to ₹ 400 per tonne.
